Correlated Stock Forecasts

Assets that tend to move strongly with BITO



PARA Forecast + Options Trading Strategies   Paramount Global (0.84)


QRVO Forecast + Options Trading Strategies   Qorvo (0.84)


HUN Forecast + Options Trading Strategies   Huntsman (0.83)


MFA Forecast + Options Trading Strategies   MFA Financial (0.78)


ONON Forecast + Options Trading Strategies   On (0.77)



Uncorrelated Stock Forecasts

Assets with little price relationship to BITO



YANG Forecast + Options Trading Strategies   Direxion Daily FTSE China Bear 3X Shares (-0.02)


BMY Forecast + Options Trading Strategies   Bristol-Myers Squibb (0.04)


ALGM Forecast + Options Trading Strategies   Allegro Microsystems (0.04)


SDOW Forecast + Options Trading Strategies   ProShares UltraPro Short Dow30 (0.05)


WMT Forecast + Options Trading Strategies   Walmart (0.11)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BITO



BMY Forecast + Options Trading Strategies   Bristol-Myers Squibb (0.04)


YANG Forecast + Options Trading Strategies   Direxion Daily FTSE China Bear 3X Shares (-0.02)


MLCO Forecast + Options Trading Strategies   Melco Resorts & Entertainment (-0.14)


IVR Forecast + Options Trading Strategies   Invesco Mortgage (-0.29)


UUP Forecast + Options Trading Strategies   Invesco DB US Dollar Index Bullish (-0.68)


BITO News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent BITO News

















BITO AI News Summary: ProShares Bitcoin Strategy ETF (BITO) is the first US bitcoin futures ETF that debuted in October 2021 with $20 million seed capital [dunyanews.tv].

BITO's performance has been mixed, with its daily costs and structure being attributed to its negative return since its launch [247wallst.com].

BITO has become a favorite among big Wall Street firms, with Goldman Sachs being the largest holder with 10.5 million shares, followed by Morgan Stanley with 1.8 million [investors.com].

A bearish play on CME bitcoin futures, the ProShares short bitcoin strategy ETF (BITI.P), witnessed record trading volume on Wednesday as investors hunted for regulated and transparent futures market [Reuters].